Treasuries higher before output data

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
On Friday, treasuries were traded higher and headed towards the fourth weekly gain, as an upcoming report is widely expected to show a decrease in U.S. industrial output, amid increased demand for safer assets on fiscal cliff. The yield on benchmark 10-year government bonds declined by 1 basis points, reaching a level of 1.59% by 8:52 a.m. in London.
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